Industrial Internet of things - IIOT
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models. Born out of the Internet framework, this new renaissance is termed as the Industrial Internet of Things- symbolising the complex network of assets, processes and people in future factories. This will begin a new era of connectivity, convergence and mobility, where data will gain centrestage and become the new capital for intelligence. Data-driven business models will disrupt conventional product markets and lead to the consolidation and reinvention of new approaches in future factories. The trend of IIoT, in effect, will become the common underlying denominator governing all future transformation in the manufacturing world
Frost & Sullivan’s IIoT research and consulting programs are focussed on foreseeing the impact of advanced IoT technologies within the manufacturing sector. The research approach is formulated with a specific objective of trying to predict how connectivity and data analytics will influence the reinvention of existing industrial supplier markets. This is achieved via a thematic approach that is detailed below.
IT-OT convergence
Services 2.0 (advanced services)
Supply chain evolution
Industry 4.0 business ecosystem
Additive manufacturing
Industrial Robotics
Big data analytics
We work closely with the world’s leading industrial companies, manufacturers, information and communication technology (ICT) vendors, measurement and instrumentation vendors to build customized deliverables that can aid in strategic decision making. The insight from this research program is tuned to be applicable for multiple industries and supports client in the creation of an effective IIOT strategy
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While several manufacturing enterprises are still struggling to understand what Industry 4.0 implementation really means to them, the benefits that Industry 4.0 promises to deliver are too hard to ignore. Globally, several strategic initiatives that can guide manufacturers to successfully manage their digital transformation journey are underway. Se...
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17 Feb 2020 | North America | Market Research
Electric Motors Market in North America, Forecast to 2024
Growing need for higher-efficiency motors, the electrification trend and growth in factory automation are the top market drivers
This research presents the forecast scenario in the North American electric motors market from 2020 to 2024 –including sales by geographic regions, motor technologies, motor power ratings and major end-user industries. Geographic segments included are the United States and Canada. Motor technologies included are AC Induction/Asynchronous motor;...
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10 Mar 2020 | North America | Market Outlook
Global Electric Motors and Electric Drives Market Outlook, 2020
Reduction in Global Trade Tensions and Continued Demand for Energy Efficiency are Expected to be Key Market Drivers this Year
This research presents the scenario in the global electric motors and electric drives market in 2020 including sales by different geographic regions, motor technologies, power ratings, drive technologies, and by major end-user industries. In addition, the research discusses the latest technology and business trends, latest news about motor and driv...
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27 May 2020 | North America | Market Research
Analysis of the North American Industrial Valves Market, Forecast to 2026
A Bleak Investment Outlook and Prolonged Trade Tensions in the United States Accounted for the Subdued Market Activity
Prolonged geopolitical tensions and a bleak investment climate in North America have negatively impacted the growth of the North American industrial valves market. The market is mature, and it comprises saturated end-user industries, such as oil and gas (O&G) and power generation. After a brief reprieve in 2018 due to the recuperation of the O&G in...
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15 Sep 2020 | North America | Frost Radar
Frost Radar™: Asset Performance Management Market, 2020
Benchmarking Future Growth Potential
Asset performance management software solutions use asset-related data, predictive analytics, and Industry 4.0 technologies to anticipate failure or life of an asset and to recommend a maintenance solution that will improve the reliability of the asset. End users in the process industries acknowledge the effectiveness of deploying an APM suite of s...
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24 Sep 2020 | North America | Market Outlook
Zeal for Productivity and Profit Pressures Accelerate the Growth of the Global Automation Lifecycle Services Market, 2019–2022
Growing Technology Complexity and Vanishing Knowhow are Growth Drivers for Lifecycle Services
Amid shifting industry dynamics being driven by decentralization, digitalization, decarbonization and the rise of new business models, the keystone market of industrial automation, lifecycle services, is expected to experience a phase of strong short-term growth. Frost & Sullivans market analysis estimates the market size to grow from $49.56B to $6...
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06 Oct 2020 | North America | Market Research
Demand for Asset Efficiency Propels the Global Asset Performance Management (APM) Market
Future Market Enhanced by Growth Opportunities in Connected Assets Management
The emergence of Industrial Internet of Things (IIoT) technologies has accelerated the process of digital transformation across various end-use industries. There is a growing need to monitor, measure, analyze, and manage the failure of assets as a part of digital transformation initiatives. Asset-intensive industries have been grappling with consta...
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12 Nov 2020 | North America | Market Research
Newer Welding Techniques to Enable Growth in the Digital Age
Transformational Growth Possible Through the Use of Solutions that Acquire and Manage Data
This study analyzes the global welding equipment and consumables market. It provides information on the total market revenues by analyzing three key regions: Europe, the Middle East, and Africa (EMEA); Asia-Pacific (APAC); and the Americas. It discusses the major trends and prevailing scenario across all regions. Globally, with the exception of so...
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25 Nov 2020 | North America | Market Research
Affected by the Steep Decline in Oil Prices due to the COVID-19 Pandemic, the Global Fluid Power Equipment Market is Gradually Recovering
Bleak Investment Activity and the Global Economic Shrinkage will Lead to a Short-term Market Contraction
Owing to the US-China trade war and the global economic slowdown caused by the COVID-19 pandemic, the global fluid power equipment market is projected to face a sharp revenue contraction in 2020. Key end users, including oil and gas, aerospace and defense, and construction, are experiencing unprecedented declines due to the pandemic. The imposition...
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15 Dec 2020 | North America | Market Research
IIoT-Powered Business Model Transformation of the North American Centrifugal Pumps Market
Digital Pump Services Driven by Smart and Intuitive Technologies Unleash New Revenue Potential and Redefine Customer Experience
The main objective of this growth opportunity analysis is to assess the impact of market trends and challenges influencing growth prospects for pump original equipment manufacturers (OEMs) in the next 7 years. As business uncertainty becomes an inevitable factor, end users across industry verticals are revisiting their strategies to adapt to the ne...
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